Today
is Friday, February 27, 2009
and it is time for another breakdown of homes sales in the Washington
County, Oregon market. With the average drop in home pending sales in
Washington County since this time last years is 30.95% and now we are
starting to feel the pinch of short sales and foreclosures hitting the
market. It has caused the average home sold price to drop 4.05% since
in the last month. This is an interesting situation, because for the
first time we are seeing prices start to fall, but I’m
interested in seeing the next couple months as I have started to see a
little more buyer activity this month versus last month.
So, if you have a family home that you are thinking about selling, this is a great time to get it on the market!
Here is a breakdown of homes sales for the week by neighborhood. Just click on the link to your neighborhood for the complete breakdown of what the average of homes that are on the market, how long they have been on the market, how many have sold, what their average price was, and how long they were on the market.
As always, if you are looking to buy or sell in the Washington County, Oregon area, I would love to show you how you can save the most money by being on your side during the negotiations.
Neighborhood # of Active Listings
Todd Clark - broker
Kastings & Associates
Phone: (503)524-9494
Fax: (503)622-8739
© 2009 Todd Clark - Washington County, Oregon home sales week in review by neighborhood (02/27/2009)
Todd Clark (broker w/ Ken's Home Team)
Keller Williams Realty
Todd@IFoundYourNewHome.com
Phone: (503)524-9494
Fax: (503)746-9573
I am a licensed Realtor who specializes in Washington County, Oregon and also work in both Clackamas and Multnomah Counties including the cities of Aloha, Beaverton, Canby, Clackamas, Gladstone, Gresham, Happy Valley, Hillsboro, Milwaukie, Oregon City, Sherwood and Tigard. All information contained in these posts are copyrighted and cannot be used without prior written approval authorization from the author me Todd Clark. If you are looking for an outstanding agent please give me a call I would love to help you with all your real estate needs.
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Todd
The pinch of short sales is hitting all over America, and it is sad to see what is happening to many innocent families.
Sincerely
Tom Braatz
Todd, it's amazing you are just NOW seeing this flood of short sales. We've been seeing this market for at least a year. Does that mean we're almost at the end? I hope...;-)
As always Todd, I am amazed at your area breakdown...
Tom - It certainly is and at this point there seems to be nothing we can do to stop it.
Teri - We have been seeing them, but they were more in line with the price of the other homes, now they are starting to drop the prices as these homes get closer and closer to their auction dates.
Paul - If you want me to send you the table that I use so you can set yours up the same way, I gladly will.